Pinnacle Entertainment Announces Closing of Exchange Offer

Pinnacle Entertainment, Inc. (NYSE:PNK) announced that effective today it has closed an exchange offer, whereby it has exchanged $850 million aggregate principal amount of 6.375% Senior Notes due 2021, which have been registered under the Securities Act of 1933, as amended, for an equal principal amount of its outstanding 6.375% Senior Notes due 2021, upon the terms and subject to the conditions set forth in the prospectus, dated May 9, 2014, and the related letter of transmittal, including any amendments or supplements thereto.

A registration statement relating to the exchange offer was filed with and declared effective by the Securities and Exchange Commission. This press release is not an offer to sell or a solicitation of an offer to buy any security. The offer to exchange was made solely by means of the prospectus referenced above.

A copy of the final prospectus related to the exchange offer and the related letter of transmittal may be obtained from The Bank of New York Mellon Trust Company, N.A., c/o The Bank of New York Mellon Corporation, Corporate Trust Operations - Reorganization Unit, 111 Sanders Creek Parkway, East Syracuse, NY 13057, Attention: Christopher Landers.

About Pinnacle Entertainment

Pinnacle Entertainment, Inc. owns and operates 15 gaming entertainment properties, located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada and Ohio. Pinnacle holds a majority interest in the racing license owner, as well as a management contract, for Retama Park Racetrack outside of San Antonio, Texas.